____________________ aims at reducing the cost of funds procured, keeping the risk under control and achieving effective deployment of such funds
____________________ aims at reducing the cost of funds procured, keeping the risk under control and achieving effective deployment of such funds
Solution
✅ Correct Option: 1
Financial management aims at reducing the cost of funds procured, keeping risk under control and achieving effective deployment of funds so that their value is maximised. Investment and dividend decisions are individual decisions within financial management.
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